Alma Media > Releases > Press release > Alma Media renewed the EUR 190 million long-term financing arrangement of linked to sustainability criteria

Alma Media renewed the EUR 190 million long-term financing arrangement of linked to sustainability criteria

Alma Media Corporation                  Press release        18 December 2023


Alma Media has signed a new Term Loan financing arrangement of EUR 160 million. In practice, it will replace the financing agreement that was drawn up in 2021. The new financing arrangement has a 36-month maturity including 12 or 24-month extension options.

In addition, the financing package includes a EUR 30 million revolving credit facility (“RCF”), which will be used for the Group’s general financing needs. The duration of the revolving credit facility is the same as that of the Term Loan facility. At the time of publishing this press release, the credit limit is completely undrawn.

The Term Loan facility and the RCF limit financing agreement were extended with a syndicate consisting of three commercial banks (OP Corporate Bank, Danske Bank and Nordea Bank). OP Corporate Bank acts as the coordinator of the financing arrangement.

The loan to be refinanced is a traditional loan linked with sustainability criteria including metrics related to the company’s environmental emissions and responsible data usage, contextualized through a sustainability reference framework.

“We made significant M&A transactions in 2021. Our financial position has strengthened in the last two years as planned and our solvency has improved due to good performance and strong cash flow. Our gearing was 72.7 per cent at the end of September 2023 and our equity ratio was 46.1 per cent,” says Taru Lehtinen, Alma Media’s CFO.


Further information:

Taru Lehtinen, CFO, Alma Media, tel. 010 665 3609

Distribution: NASDAQ Helsinki,

Alma Media in brief

Alma Media is an international company of digital media, marketplaces and services with a strong capacity for renewal. We inspire human curiosity and choice by creating services that combine technology and content with a local heart. In Finland, our best-known brands include Kauppalehti, Talouselämä, Iltalehti, Jobly,, Nettiauto and Nettimoto. Our recruitment services include and in the Czech Republic, in Slovakia and in Croatia.

In Finland, our business operations include leading housing and automotive marketplaces, financial and professional media, national consumer media and content and data services for businesses and professionals. Alma Media’s international business in Eastern Central Europe, Sweden and the Baltic countries consists of recruitment services and an online marketplace for commercial properties.

Alma Media operates in 12 countries in Europe and employs approximately 1,700 professionals. Alma Media’s revenue from continuing operations was EUR 309 million in 2022 of which the share of digital business was 81%. Alma Media’s share is listed on NASDAQ Helsinki. Read more at

  • Published: 18.12.2023, 15:14
  • Category: Press release

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